Mexican peso posts biggest annual drop versus US dollar in 16 years

Biztoc.com - December 31, 2024

Mexican peso posts biggest annual drop versus US dollar in 16 years

Mexico's peso weakened nearly 23% this year to close the final day of trading at 20.82 pesos per U.S. dollar on Tuesday, the currency's deepest drop against the greenback since the 2008 global financial crisis.

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